SET UP OF BTR NEW MATERIAL GROUP

18 March 2024

Industrial Platform

Phase 1 in figures :

Investment: 370 million euros.
Surface area: 15.6 hectares.

Based in Shenzhen, China, BTR New Material Group is the world leader in the production of materials for lithium-ion batteries. Founded in 2000, the group supplies anodes and cathodes essential to the automotive industry. With 332 patents to its credit, BTR is recognized for its expertise and commitment to innovation.

BTR holds the exclusive title of being simultaneously the world leader in the production of anodes as well as cathodes. For 13 consecutive years, it has dominated the world market in anode materials, and is also among the top three in China for cathode materials.

Listed on the Beijing Stock Exchange since 2021, BTR has sales of US$3.6 billion in 2022. With 8,000 employees, the company is committed to maintaining its excellence, serving prestigious customers such as CATL, BYD, Sunwoda, Panasonic, Samsung, and LG, as well as shaping the future of global electric mobility.

BTR Cathode Project: Major investment in Morocco

On December 1st, a Memorandum of Understanding was signed to formalize BTR’s project in Morocco. The first phase, covering an area of 15.6 hectares in the first core zone of Tanger Tech, also includes an option for future expansion.

Activity: Production of cathode materials with high nickel content, offering high power density (260 Wh/kg).
Jobs: The project will ultimately create 1,080 jobs.
Expected capacity: Production capacity is estimated at 50,000 tons per year.
Timeline: Construction is scheduled to start in April 2024, with commissioning (SOP) scheduled for the third quarter of 2025.

This project represents a significant commitment by BTR to the development of the battery industry in Morocco. By setting up in the initial core of Tanger Tech, BTR is helping to strengthen the country’s industrial ecosystem and create local jobs. With its high production capacity and cutting-edge technology, this facility will play a crucial role in supplying essential materials for lithium-ion batteries, supporting the global transition to electric and sustainable mobility.